ICI and U.S. Chamber of Commerce v. CFTC Press Conference Opening Remarks Paul Schott Stevens President and CEO Investment Company Institute Washington, DC April 17, 2011 Good afternoon. ICI and the Chamber of Commerce have joined together in a legal challenge to a rule by the CFTC...
General Membership Meeting to Feature Wide Range of Leaders Where Funds, Film, and Coffee Meet Washington, DC, April 10, 2012 - The Investment Company Institute’s 54th Annual General Membership Meeting (GMM) will bring together a wide range of experts—from mutual fund industry leaders...
ICI Education Foundation Encourages Participation in Financial Literacy Month Washington, DC, April 5, 2012 - The Investment Company Institute Education Foundation (ICIEF) encourages all Americans to participate in Financial Literacy Month. Congress has been designating April...
We are pleased to see that the Financial Stability Oversight Council continues to take a thoughtful approach on the issue of designating “systemically important financial institutions.” That’s in stark contrast to some commentators, who would have regulators rush to put money market...
As expressed forcefully by a group of fund industry leaders last November, America’s current budgetary overreach has clear and dire implications for the 90 million investors that ICI member companies serve. Today, I elaborated on those implications in a speech before a gathering of...
‘Warnings of a Parting Friend’: Today’s Fiscal Crisis and U.S. National Security National Strategy Forum Speaker Series Paul Schott Stevens President and CEO Investment Company Institute March 30, 2012 University Club of Chicago Chicago, IL As prepared for elivery Good afternoon...
Some recent coverage—including the CFOJournal blog of the Wall Street Journal—suggests that worries about the impact on investors of forcing money market funds to float their net asset value (NAV) may be overblown. The story goes like this: the mark-to-market prices of money market...
Industry Groups Urge DOL to Allow Broader Use of Electronic Communication for Retirement Plan Participant Disclosures Washington, DC, March 28, 2012 - A coalition of 15 trade associations representing the retirement plan community, including employers and retirement services firms, is...
In his written testimony on Capitol Hill today, Federal Reserve Board Chairman Ben Bernanke created a fuzzy and incomplete picture of money market funds and their investments in European-headquartered financial institutions. Whether by intent or not, the Fed testimony left the...
